Back to all announcements

Dexia goes live with Speedwell NG version 3

08 June 2006

Speedwell Associates Limited, the leading independent provider of trader-focused, function-rich and exceptionally flexible integrated pricing and quoting systems for the electronic trading of bonds, swaps and other asset classes, is very pleased to announce that Dexia Bank has gone live with Speedwell NG version 3.

Speedwell NG version 3 offers further asset class extensions (for example, pricing/quoting of vanilla swaps (IRS)), new and improved functionality (for example, increased pricing method flexibility) and further improvements in the performance of the core pricing engine and trader desktop/GUI.

The Speedwell NG pricing engine was recently described as "probably the best, most functionally rich pricer available on the market”, “better than the in-house developed pricers of many Tier 1 banks”, “offering impressive server-to-server integration with all the leading connectivity platforms”, “with exceptional support” and a “very competitive charging structure".

Over 30 financial institutions worldwide now use Speedwell's products and services supported from a City of London head office with extended support hours for overseas markets.